Norway's oil fund has increased its investments in small-capitalization companies in debt-burdened European countries such as Italy and Greece over the past 18 months, the head of the $544 billion fund said.
"We think it's structurally possible to make money" in these markets, Yngve Slyngstad, chief executive officer of Norges Bank Investment Management, said in a speech today in Oslo. The fund also handed out external investment mandates targeting small-caps in France, Spain, he said..............................................Full Article: Source